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stay with us. >>> coming up, john boehner rejects another fiscal cliff plan from president obama, but can the sell -- can he sell his own caucus on plan b? >>> and we've got karen finney and sam stein coming up talking about that. >>> and later, "time" magazine names president obama as person of the year for a second time. i'll discuss the magazine's choice with presidential historian doug brinkley. >>> and don't forget, you can listen to my radio show on sirius xm radio monday flew friday from noon to 3:00 p.m. share your thoughts with us on facebook and on twitter using the hash tag ed show. we're coming right back. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before openin
stay with us. >>> coming up, john boehner rejects another fiscal cliff plan from president obama, but can the sell -- can he sell his own caucus on plan b? >>> and we've got karen finney and sam stein coming up talking about that. >>> and later, "time" magazine names president obama as person of the year for a second time. i'll discuss the magazine's choice with presidential historian doug brinkley. >>> and don't forget, you can listen to my radio...
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thanks for being with us. "the ed show" with ed schultz starts right now. >> good evening, americans, and welcome to "the ed show" from new york. wants new gun laws, right now. this is the ed show. let's get to work. >> we're going to change things. it's going to take a wave of americans, mothers and fathers, daughters and sons, pastors, law enforcement, mental health professionals, and yes, gunowners standing up and saying enough. >> the president lays out the way forward for sensible gun policy. so why are no republicans getting on board? i'll ask congressman jerrold nadler. >> at some point they have to take me out of it and think about what is best for the country. >> the president served up painful cuts, and republicans are literally running away from the table. >> hey, mr. speaker. >> congressman steve israel reacts to the gop's bizarre behavior. plus, today's big gm news means the death of a righty talking point. >> government motors. >> government motors. >> government motors, david cay johnston on a h
thanks for being with us. "the ed show" with ed schultz starts right now. >> good evening, americans, and welcome to "the ed show" from new york. wants new gun laws, right now. this is the ed show. let's get to work. >> we're going to change things. it's going to take a wave of americans, mothers and fathers, daughters and sons, pastors, law enforcement, mental health professionals, and yes, gunowners standing up and saying enough. >> the president lays out...
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with us there. is a lot more coming up in the next half hour. stay with us. >> the american auto industry is back. >> the auto loan worked, and the treasury starts to close the books on general motors. tonight, david cay johnston deconstructs one of the greatest government interventions in history. >>> can a night at the movies bring the senate together? will republicans pay for the popcorn? we'll tell you about the senators' night at the cinema. >>> and "time" magazine announces president obama as the person of the year. his story and douglas brinkley on what the honor really means, ahead. h, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> good to have you back with us tonight. thanks for staying with "the ed show." this is big news for the automobile industry. the government is winding down
with us there. is a lot more coming up in the next half hour. stay with us. >> the american auto industry is back. >> the auto loan worked, and the treasury starts to close the books on general motors. tonight, david cay johnston deconstructs one of the greatest government interventions in history. >>> can a night at the movies bring the senate together? will republicans pay for the popcorn? we'll tell you about the senators' night at the cinema. >>> and...
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us. "the ed show" with ed schultz starts right now. >>> good evening, americans, and welcome to "the ed show" from new york. john boehner is getting pressure from all sides and looking for friends where he can find them. this is "the ed show." let's get to work. >> i'm pretty confident that republicans would not hold middle class taxes hostage. >> democrats put the ball back in boehner's court, and they're turning the screws on the speaker. >> it's tough. but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. >> democrats, business leaders, republicans, even santa claus are pressing boehner to do a deal. california congressman john garamendi is here with the latest. >>> the michigan sneak attack proves it again. union busting is all about politics. >> if a half a million people leave the labor movement every year, pretty soon you start having crimp in the political budgets of these unions, it has a direct effect on the presidential. >> a
us. "the ed show" with ed schultz starts right now. >>> good evening, americans, and welcome to "the ed show" from new york. john boehner is getting pressure from all sides and looking for friends where he can find them. this is "the ed show." let's get to work. >> i'm pretty confident that republicans would not hold middle class taxes hostage. >> democrats put the ball back in boehner's court, and they're turning the screws on the speaker....
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what does that tell us? >> well, it tells us that he probably wants to keep this program in place for another year or two years. i think goldman sachs estimates that this will be in place until the first quarter of 2016 because that's how long it will take for the unemployment rate to reach 6.5%. now that's good news, again, if you're borrowing money. but if you're a saver, ed, that is not good news, because interest rates are going to come down, and you're not going get anything on your savings. >> so what do you think prompted this? possibly more filibusters? more stagnant movement on job creation by either side of the aisle? or was it just these fiscal cliff negotiations that are going on right now? the inability to make a deal? >> it's the do-nothing congress, their inability to make this deal. the best thing for the economy would be to make a deal and get off the fiscal edge, right. but if they're not going to be able to do that, then bernanke is smart. and again, it's unprecedented for him to do that.
what does that tell us? >> well, it tells us that he probably wants to keep this program in place for another year or two years. i think goldman sachs estimates that this will be in place until the first quarter of 2016 because that's how long it will take for the unemployment rate to reach 6.5%. now that's good news, again, if you're borrowing money. but if you're a saver, ed, that is not good news, because interest rates are going to come down, and you're not going get anything on your...